NEW DELHI: It was a year that was marked by the biggest reset since GST was launched nine years ago and marks a complete change in thinking within the policy dispensation, which had earlier focused on revenue neutral rates. Instead, six months after an overhaul of rates on nearly 400 items has shown that higher…
MUMBAI: Banks’ bad loans, which are at a multi-decadal low, are expected to rise marginally to 1.9% by March 2028 under a baseline scenario from 1.8% in March 2026, even as capital ratios are projected to moderate over the same period according to RBI’s bi-annual Financial Stability Report. According to the macro stress test results…
MUMBAI: Kotak Mahindra Bank has agreed to acquire Deutsche Bank’s India retail, private banking and wealth business for Rs 282 crore, as a going concern on a slump sale basis . The deal will strengthen the bank’s affluent and SME franchise through an inorganic push, the bank said. The acquired portfolio comprises Rs 29,000 crore…
MUMBAI: Oyo parent Prism has filed updated draft IPO papers with markets regulator Sebi, seeking to raise up to Rs 6,650 crore (around $703 million) and moved a step closer to getting listed on the bourses. The IPO has been structured as a primary share sale which means that the company will retain all the…
Seeking mobile numbers for policy information ‘dark pattern’: Irdai chief Ajay Seth (Image/ANI) MUMBAI: Irdai has flagged insurers seeking personal information to provide quotes or policy details as a ‘dark pattern’ and has commissioned a study by a public policy institute to define and track such practices over nine months. Speaking at an event organised…
45% of homes will need electrical upgrades to charge EVs: Study NEW DELHI: Amid the push for EVs and Delhi govt’s policy of stopping registration of CNG- and petrol-fuelled threewheelers from Jan 2027 and two-wheelers from April 2028, a study released Tuesday has found nearly 45% of Indian homes need electrical upgrades to safely charge…
Meg Cabot (Image: Wikipedia) Almost everyone remembers the feeling. That first big crush, when you were absolutely certain, beyond all doubt, that this was the person for you. In the popular novel Princess in Training, part of Meg Cabot’s beloved Princess Diaries series, the teenage narrator captures it perfectly. The fact is, I love him,…
MUMBAI: India’s invisible surplus widened sharply in the quarter ended Mar 2026 and over FY26, driven by strong services exports and higher remittances, while primary income outflows remained contained.The surplus rose to $90,513.93 million in Q4 FY26, up 24.05% from $72,968.57 million a year earlier. For FY26, it expanded to $312,047.60 million, up 18.20% from…
When something in our life collapses, a job, a relationship, a plan we’d built everything around, it can feel like nothing but loss. Just wreckage. The 13th-century poet Rumi saw it differently. Where there is ruin, he wrote, there is hope for a treasure. It’s a startling way to look at disaster. Rumi isn’t pretending…
Once the capital of Virginia and the largest, most prosperous colony in British America, Colonial Williamsburg offers visitors a fascinating journey into the origins of the United States. This meticulously restored 18th-century city serves as a living window into the nation’s past, preserving the people, places, and ideas that shaped modern America.Beyond exploring its remarkable…
